| Jark Valiga | Sunday, March 10, 2013 - 12:49 am 
so I have some public corps that I sold down to 25% owndership which I thought was the level required to go truly public and attain the 250 quality and effectivity levels.. but I have noticed this is not happening so j have sold down to 20% and its still not happening maybe I need to be more patient? can someone check it out my country is An Saor Poblacht de Ardglass |
| Aries | Sunday, March 10, 2013 - 12:57 am
I will admit a couple things.
One, the documentation is vague. I read through it several times before and it was not clear to me whether it mattered whether a country or an enterprise owned the controlling share.
Two, I have not tested with my country owning a controlling share. All my truly public corps are run by my enterprise.
Looking your country over it appears you have found that enterprises must own the controlling share. One last note. Please add the world you are on in the future so you are easier to find. For anyone else that reads this, he is on WG. |
| Jark Valiga | Sunday, March 10, 2013 - 08:43 am
thanks aires.... and looks like i wasnt patient enough as my corps are upgrading now..... it works with countries controlling the shares i guess you just have to be below 25% not at 25% |
| Arccuk | Sunday, March 10, 2013 - 08:52 am
you are right Jark, the maximum holding of the CONTROLLING shareholder must be below 25%. (24.999%)
Be aware that if your ceo has a controlling share less than 25%, the ceo still will pay enterprise tax on the total profit of the corp. |
| Crafty | Sunday, March 10, 2013 - 01:52 pm
yep, but if CEO truly public the corp will still pay CRU. |
